Briefs

Lithuanians to gain stake in Polish road construction company The Lithuanian bridge and road construction firm Kauno Tiltai, is reportedly close to acquiring a sixty per cent stake in the Polish state-owned company Przedsiębiorstwo Drogowo-Mostowe (PDM), for an undisclosed sum.The deal is to be finalized by the end of this year and will be the largest Lithuanian investment in Poland to date. PDM's employees have been pledged their jobs for at least five years by their new bosses. Stock exchange membership put on hold Puls Biznesu have reported that despite applying initially to the stock exchange commission for admission at the end of 2002, the Warsaw developer, JW Construction, has ultimately opted out of the move.Although the company has decided against the acquisition of funds via the stock-exchange, it is now seeking a strategic partner to assist its domestic and foreign markets' projects. Skanska's six month report Skanska has issued a new six month report for